{"id":"https://openalex.org/W2024938865","doi":null,"title":"Financial Integration at Times of Financial Instability","display_name":"Financial Integration at Times of Financial Instability","publication_year":2014,"publication_date":"2014-01-01","ids":{"openalex":"https://openalex.org/W2024938865","mag":"2024938865"},"language":"en","primary_location":{"id":"mag:2024938865","doi":null,"is_oa":false,"landing_page_url":"http://journal.fsv.cuni.cz/storage/1264_25_45.pdf","pdf_url":null,"source":{"id":"https://openalex.org/S2764556188","display_name":"Czech Journal of Economics and Finance","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["cwts-core"],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"journal"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Czech Journal of Economics and Finance","raw_type":null},"volume":null,"type":"article","indexed_in":[],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"http://www.nusl.cz/ntk/nusl-173865","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5075014311","display_name":"Lubo\u0161 Kom\u00e1rek","orcid":"https://orcid.org/0000-0002-7877-0844","observed_orcids":["https://orcid.org/0000-0002-7877-0844"]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Lubo\u0161 Kom\u00e1rek","raw_affiliation_strings":[],"raw_orcid":"https://orcid.org/0000-0002-7877-0844","affiliations":[]},{"author_position":"middle","author":{"id":"https://openalex.org/A5020156730","display_name":"Zlatu\u0161e Kom\u00e1rkov\u00e1","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Zlatu\u0161e Kom\u00e1rkov\u00e1","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]},{"author_position":"last","author":{"id":"https://openalex.org/A5073264404","display_name":"Jan Babeck\u00fd","orcid":"https://orcid.org/0000-0002-6187-7741","observed_orcids":["https://orcid.org/0000-0002-6187-7741"]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Jan Babeck\u00fd","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]}],"institutions":[],"countries_distinct_count":0,"institutions_distinct_count":0,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":5.4342,"has_fulltext":false,"cited_by_count":18,"citation_normalized_percentile":{"value":0.95271047,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":89,"max":98},"biblio":{"volume":"63","issue":"1","first_page":"25","last_page":"45"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10503","display_name":"Global Financial Crisis and Policies","score":0.9282000064849854,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10503","display_name":"Global Financial Crisis and Policies","score":0.9282000064849854,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10127","display_name":"Banking stability, regulation, efficiency","score":0.01640000008046627,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10282","display_name":"Financial Risk and Volatility Modeling","score":0.01590000092983246,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/financial-integration","display_name":"financial integration","score":0.9980000257492065},{"id":"https://openalex.org/keywords/financial-stability","display_name":"financial stability","score":0.8069999814033508},{"id":"https://openalex.org/keywords/financial-instability","display_name":"financial instability","score":0.8920000195503235},{"id":"https://openalex.org/keywords/systemic-risk","display_name":"systemic risk","score":0.7599999904632568},{"id":"https://openalex.org/keywords/contagion-risk","display_name":"risk contagion","score":0.8619999885559082},{"id":"https://openalex.org/keywords/portfolio-diversification","display_name":"portfolio diversification","score":0.7910000085830688},{"id":"https://openalex.org/keywords/euro-area","display_name":"euro area","score":0.5339999794960022},{"id":"https://openalex.org/keywords/czech-financial-market","display_name":"Czech financial market","score":0.9580000042915344},{"id":"https://openalex.org/keywords/government-bond-market","display_name":"government bond market","score":0.7289999723434448},{"id":"https://openalex.org/keywords/foreign-exchange-market","display_name":"foreign exchange market","score":0.8920000195503235},{"id":"https://openalex.org/keywords/stock-market","display_name":"stock market","score":0.7839999794960022},{"id":"https://openalex.org/keywords/money-market","display_name":"money market","score":0.7300000190734863},{"id":"https://openalex.org/keywords/inflation-targeting","display_name":"inflation targeting","score":0.6600000262260437},{"id":"https://openalex.org/keywords/central-european-economies","display_name":"Central European economies","score":0.7519999742507935},{"id":"https://openalex.org/keywords/hungary","display_name":"Hungary","score":0.6510000228881836},{"id":"https://openalex.org/keywords/poland","display_name":"Poland","score":0.9309999942779541},{"id":"https://openalex.org/keywords/sweden","display_name":"Sweden","score":0.9150000214576721}],"concepts":[{"id":"https://openalex.org/C2780615719","wikidata":"https://www.wikidata.org/wiki/Q5449723","display_name":"Financial integration","level":3,"score":0.6739723086357117},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.6102010011672974},{"id":"https://openalex.org/C144587487","wikidata":"https://www.wikidata.org/wiki/Q1369234","display_name":"Systemic risk","level":3,"score":0.5912420749664307},{"id":"https://openalex.org/C73283319","wikidata":"https://www.wikidata.org/wiki/Q1416617","display_name":"Financial system","level":1,"score":0.5669843554496765},{"id":"https://openalex.org/C19244329","wikidata":"https://www.wikidata.org/wiki/Q208697","display_name":"Financial market","level":2,"score":0.5180671215057373},{"id":"https://openalex.org/C199728807","wikidata":"https://www.wikidata.org/wiki/Q2578557","display_name":"Equity (law)","level":2,"score":0.5100515484809875},{"id":"https://openalex.org/C69738904","wikidata":"https://www.wikidata.org/wiki/Q11693","display_name":"Bond","level":2,"score":0.4972553551197052},{"id":"https://openalex.org/C2778137410","wikidata":"https://www.wikidata.org/wiki/Q2732820","display_name":"Government (linguistics)","level":2,"score":0.48843827843666077},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.4494681656360626},{"id":"https://openalex.org/C2780389337","wikidata":"https://www.wikidata.org/wiki/Q2324820","display_name":"Government bond","level":3,"score":0.4131816029548645},{"id":"https://openalex.org/C18547055","wikidata":"https://www.wikidata.org/wiki/Q47417","display_name":"International economics","level":1,"score":0.32978707551956177},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.2739437520503998},{"id":"https://openalex.org/C2778300220","wikidata":"https://www.wikidata.org/wiki/Q114380","display_name":"Financial crisis","level":2,"score":0.21638742089271545},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.0},{"id":"https://openalex.org/C139719470","wikidata":"https://www.wikidata.org/wiki/Q39680","display_name":"Macroeconomics","level":1,"score":0.0},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.0},{"id":"https://openalex.org/C41895202","wikidata":"https://www.wikidata.org/wiki/Q8162","display_name":"Linguistics","level":1,"score":0.0},{"id":"https://openalex.org/C138885662","wikidata":"https://www.wikidata.org/wiki/Q5891","display_name":"Philosophy","level":0,"score":0.0}],"mesh":[],"locations_count":2,"locations":[{"id":"mag:2024938865","doi":null,"is_oa":false,"landing_page_url":"http://journal.fsv.cuni.cz/storage/1264_25_45.pdf","pdf_url":null,"source":{"id":"https://openalex.org/S2764556188","display_name":"Czech Journal of Economics and Finance","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["cwts-core"],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"journal"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Czech Journal of Economics and Finance","raw_type":null},{"id":"pmh:oai:invenio.nusl.cz:173865","doi":null,"is_oa":true,"landing_page_url":"http://www.nusl.cz/ntk/nusl-173865","pdf_url":null,"source":{"id":"https://openalex.org/S4306402266","display_name":"Digital Repository (National Repository of Grey Literature)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I79620101","host_organization_name":"University of Arkansas for Medical Sciences","host_organization_lineage":["https://openalex.org/I79620101"],"host_organization_lineage_names":[],"type":"repository"},"license":"other-oa","license_id":"https://openalex.org/licenses/other-oa","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"info:eu-repo/semantics/conferenceObject"}],"best_oa_location":{"id":"pmh:oai:invenio.nusl.cz:173865","doi":null,"is_oa":true,"landing_page_url":"http://www.nusl.cz/ntk/nusl-173865","pdf_url":null,"source":{"id":"https://openalex.org/S4306402266","display_name":"Digital Repository (National Repository of Grey Literature)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I79620101","host_organization_name":"University of Arkansas for Medical Sciences","host_organization_lineage":["https://openalex.org/I79620101"],"host_organization_lineage_names":[],"type":"repository"},"license":"other-oa","license_id":"https://openalex.org/licenses/other-oa","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"info:eu-repo/semantics/conferenceObject"},"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":14,"referenced_works":["https://openalex.org/W1482464264","https://openalex.org/W1495779368","https://openalex.org/W1499492179","https://openalex.org/W1512384612","https://openalex.org/W1517229230","https://openalex.org/W1954303803","https://openalex.org/W2082331923","https://openalex.org/W2130555915","https://openalex.org/W2159437739","https://openalex.org/W2160367130","https://openalex.org/W2293802904","https://openalex.org/W2904713784","https://openalex.org/W3121630491","https://openalex.org/W3125456580"],"related_works":["https://openalex.org/W123935778","https://openalex.org/W3200032168","https://openalex.org/W3123413610","https://openalex.org/W1517229230","https://openalex.org/W2387738146","https://openalex.org/W7099343563","https://openalex.org/W1514207738","https://openalex.org/W2128457988","https://openalex.org/W2686900204","https://openalex.org/W3107026012"],"abstract_inverted_index":{"1both":[0],"individually":[1],"and":[2,59,85,93,99,116,132,143,171,210,212,217,237,242,248,257,271],"systematically.":[3],"Integration":[4],"can":[5],"increase":[6],"the":[7,22,28,39,44,60,71,97,105,114,130,136,155,160,175,180,186,218,230,239,251,264,275,282],"investment":[8],"opportunities":[9],"of":[10,25,46,63,90,96,108,135,159,179,192,233,277,281,284],"individual":[11,32],"fi":[12,33,72,101,110,124,137,156,162,176,193,234,254,258,268,285,290],"nancial":[13,34,73,102,111,125,138,157,163,177,194,235,255,259,269,286,291],"institutions,":[14],"allowing":[15],"them":[16],"to":[17,38,82,122,149],"make":[18],"higher":[19],"returns":[20],"at":[21,57,190,229],"same":[23,40],"level":[24],"risk.":[26],"On":[27],"other":[29,100],"hand,":[30],"if":[31],"institutions":[35],"are":[36,52],"exposed":[37],"risks":[41,45],"2":[42,227],",":[43],"their":[47],"portfolios":[48],"as":[49,75,224],"a":[50,76],"whole":[51,77],"not":[53],"necessarily":[54],"diversifi":[55],"ed":[56],"all":[58],"positive":[61],"effect":[62],"market":[64,164,178],"integration":[65,95,112,158,236,256,270],"may":[66,78],"thus":[67],"be":[68,79,147],"reduced.":[69],"Moreover,":[70],"sector":[74],"more":[80],"vulnerable":[81],"systemic":[83],"risk":[84,87],"contagion":[86],"in":[88,273],"conditions":[89],"high":[91],"geographical":[92],"sectoral":[94],"banking":[98],"markets.":[103],"Whether":[104],"benefi":[106,240],"ts":[107,241],"deepening":[109],"outweigh":[113],"risks,":[115],"whether":[117],"this":[118,246],"process":[119,247],"will":[120],"lead":[121],"increasing":[123],"stability,":[126],"depends":[127],"largely":[128],"on":[129,289],"resilience":[131],"fl":[133],"exibility":[134],"system":[139],"itself,":[140],"which":[141],"national":[142],"international":[144],"authorities":[145],"should":[146],"working":[148],"enhance.":[150],"This":[151],"article":[152,197,221],"primarily":[153],"analyses":[154],"Czech":[161],"(the":[165],"money,":[166],"foreign":[167],"exchange,":[168],"government":[169,187],"bond":[170,188],"equity":[172],"markets)":[173],"with":[174,245],"euro":[181],"area":[182],"(or":[183],"Germany":[184],"for":[185,202,266],"market)":[189],"times":[191],"(in)stability.":[195,260],"The":[196,220],"also":[198],"includes":[199],"analogous":[200],"results":[201,276],"selected":[203],"infl":[204],"ationtargeting":[205],"Central":[206],"European":[207],"economies":[208,215],"(Hungary":[209],"Poland)":[211],"advanced":[213],"Western":[214],"(Sweden":[216],"UK).":[219],"is":[222],"structured":[223],"follows.":[225],"Section":[226,261,293],"looks":[228],"defi":[231],"nition":[232],"summarises":[238,263],"costs":[243],"associated":[244],"then":[249],"examines":[250],"relationship":[252],"between":[253],"3":[262],"methods":[265],"measuring":[267],"discusses":[272],"detail":[274],"an":[278],"empirical":[279],"analysis":[280],"impact":[283],"(in)":[287],"stability":[288],"integration.":[292],"4":[294],"concludes.":[295]},"counts_by_year":[{"year":2024,"cited_by_count":1},{"year":2021,"cited_by_count":3},{"year":2020,"cited_by_count":3},{"year":2017,"cited_by_count":2},{"year":2015,"cited_by_count":4},{"year":2014,"cited_by_count":3},{"year":2013,"cited_by_count":1},{"year":2012,"cited_by_count":1}],"updated_date":"2026-11-03T10:50:19.383937","created_date":"2016-06-24T00:00:00"}
